🔒 IBM announces focus on AI, cloud computing – Wall Street Journal
American multinational IBM has announced it will be sharpening its focus on AI and cloud computing, sparking a rethink on its portfolio potential.
American multinational IBM has announced it will be sharpening its focus on AI and cloud computing, sparking a rethink on its portfolio potential.
US president Donald Trump held his first oval office television broadcast in almost two years last night in an attempt to gather popular support for a proposed $5bn wall along the country’s southern border.
The executives at lumbering information technology beast IBM seem to have suddenly woken up to a world in which free software has transformed the business environment.
Imagine a world without traffic jams where computers use data to reroute cars and dissolve potential tie-ups before they even happen. It might be closer than we think. Quantum computers are a revolutionary way of computing that relies on the very strange laws of quantum physics to create powerful machines.
The premise behind the Global portfolio was a clear one –Â the South African economy was being mismanaged by the Zuma administration, so the best place for capital was outside South Africa.
One week shy of its third anniversary, the Biznews Global Share portfolio has grown from the initial $200,000 to a juicy $331,181.
Since its launch three years ago, the Biznews Global Share portfolio has generated an annualised return of over 30%.
Amazon tapped the bond market for $16bn, the fourth biggest fund raise of the year so far. Tesla used a similar instrument to raise $1.8bn, its first foray into the debt markets.
US stock exchange filings for the June quarter show Warren Buffett’s Berkshire Hathaway cashed out its holding in US industrial giant General Electric.
Apple’s share price hit a record $159.75 yesterday, taking its surge since the latest quarterly results to an impressive 6%.